News & Updates

Home » Blog

Coley54321Isn't it also massively anti competitive? Why give company X rather than company Y? What gives them the right to create this distortion?...

2 days ago
latest comments - view discussion

RJ"I don't buy the argument that QE is merely an asset swap because it hides the concept of value. Are we sure that the assets are worth what central banks are paying for them"But its still an asset swap. Where bonds (created by JE) are swapped for bank credit (also created by JE's). Now you have an i...

1 weeks ago

Luke MoffatRJI don't buy the argument that QE is merely an asset swap because it hides the concept of value. Are we sure that the assets are worth what central banks are paying for them? Well, no, because without the liquidity hitting the markets then asset prices (stocks, bonds, real estate) would not be at c...

1 weeks ago

RJ"and *not* issue corresponding government bonds"The issue of bonds does not more than drain BoE reserves. So when the UK Govt spends without taxing it issues BoE reserves and the bank thenDEBIT BoE reservesCREDIT Recipients bank accountBonds drain the reserves. QE simple reverses the bond issue proc...

1 weeks ago
latest comments - view discussion

Roger Glyndwr LewisIndeed!...

2 weeks ago

Vince RichardsonI think that was answered at some point when a speaker said that inflation tends to squeeze out at various places.....eg house prices and stocks/shares.If one is not looking at those sectors....which the CPI does not....... then one will not find the problem.There is none as blind as those who will ...

2 weeks ago

Roger Glyndwr Lewishttps://www.federalreserve.gov... I was reading this after I watched the debate last week, Its not rocket science although one would think it was . If you watch the debate when the statement I found so offensive was being made the MP in the left field of vison one row of benches behind the front ben...

2 weeks ago
latest comments - view discussion

Monetary policy risks provoking political backlash, campaign group tells MPs

QE bank of england

The Bank of England’s quantitative easing programme risks prompting a catastrophic loss of public trust in how the UK economy is managed, Positive Money warns. The campaign group’s director said that the public will “rapidly run out of patience”, as QE drives up inequality and effectively provides a subsidy to foreign-owned corporations.

SimonMPs need to understand where money comes from, and how it is removed from the system. Are they happy with the status quo, where nearly all money is created by commercial banks, or should the Bank of England be creating some or all of our money, is the present system of QE desirable ? They need to an...

4 days ago

Michael Wallace EllwoodFor the record, I emailed my MP asking her to attend the debate, but so far have received no reply. (However, I believe she got married not long ago, so perhaps she has some excuse ...). Seeing the remarks above referring to the Independence of the bank of England, respectfully I beg to differ with ...

2 weeks ago

Marco SabaYou have to read this to understand that something is broken in bank accounting for money creation: US G.A.A.P.: bank's demand deposits are NOT an IOU http://leconomistamascherato.b......

2 weeks ago
latest comments - view discussion

No Announcement posts

back to top